Question 1

Is Colorado Springs or Minneapolis cheaper to live in?

Accepted Answer

Colorado Springs, CO is cheaper. Estimated essentials for a single person run about $17/month less than in Minneapolis, covering rent plus everyday costs. Typical rent is $1,735/mo in Colorado Springs versus $1,709/mo in Minneapolis.

Question 2

What salary do you need in Colorado Springs vs Minneapolis?

Accepted Answer

Living comfortably takes roughly $77,000/year before tax in Colorado Springs, CO and $79,000/year in Minneapolis, MN — a difference of about $2,000. Both figures are after state and local income taxes are accounted for.

Question 3

Is Colorado Springs or Minneapolis cheaper for a family?

Accepted Answer

Colorado Springs, the same answer as for a single person. Two adults with a pre-schooler and a school-age child run about $10,341/month in Colorado Springs and $10,983/month in Minneapolis, including county-median childcare.

Question 4

Should I move to Colorado Springs or Minneapolis?

Accepted Answer

It depends on what you weight. Colorado Springs costs less month to month, but cost is one of six factors — jobs, safety, climate, housing and amenities all differ too. Compare them against your own income and priorities rather than a single ranking.

Metric	Colorado Springs58	Minneapolis52
Est. monthly cost (single)	$4,171	$4,188
Est. monthly cost (family of 4, incl. childcare)	$10,341	$10,983
Salary for comfort	$77,000/yr	$79,000/yr
Typical rent	$1,735	$1,709
Median home value	$420,700	$345,600
Median household income	$83,198	$80,269
Unemployment	4.0%	4.2%
Housing score	53	60
Jobs score	47	42
Safety score	32	11
Climate score	85	60
Amenities score	45	64
Population	483.1K	426.8K
Summer high / winter low	85° / 18°	83° / 8°

Colorado Springs, CO vs Minneapolis, MN